Analysts claim China remains important, but is no longer driving gambling growth in the region Macquarie analysts claim that China's clampdown on corruption and gambling is bringing about changes to the region's gambling industry in which China no longer drives gross gambling revenue growth; they predict that over the next two years the Chinese contribution to growth will be between...
Down 10.9 percent y-o-y in August The Chinese news agency Xinhua reports that lottery sales in the country of US$4.4 billion declined 10.9 percent on a year-on-year basis in August, bringing the decline over the past 8 months to 1.9 percent, according to Ministry of Finance figures. Welfare lottery sales increased by 0.4 percent year-on-year to RMB133.4 billion in the...
Another legislative season has passed and still no legalisation in California This month saw the close of another legislative session in California, still without a solution to the legalisation of online poker for the seventh or eighth year running … and racetracks and some tribal groups apparently still miles apart on agreement, casting a shadow over future possibilities. Aside from...
Faced with failure, RAWA supporters may try a flanking move Online gambling observers closely monitoring the progress of Sheldon Adelson's Restoration of America's Wire Act in Congress have warned that an inability to gain practical traction as an election year approaches may result in its supporters trying for an alternative strategy … imposing a two year moratorium preventing individual states...
Test reports indicate a fast, reliable product BetVictor's in-house developed native Android betting app is out of beta testing and launched Wednesday, the company has announced. A company spokesman said this week that reactions and data feedback from the test phase showed that the bespoke product was fast and reliable, and should prove popular in general release. Features include a...
New South Wales regulator warns Crownbet that it may be in breach of regulations on inducement Extensive gambling company advertising in Australia has attracted the attention of regulatory monitoring programs as companies in the A$21 billion a year Australian market vye for punters' attention. The Sydney Morning Herald reported over the weekend that CrownBet is the latest company to come...
But dilutes his prize by playing it safe in a 4-way chop Belgian online poker player Coenaldinho7 took the safer but less lucrative option of a chop on his way to winning this year's Pokerstars World Championship of Online Poker main event, but still took home an impressive $1.3 million instead of the projected $1.7 million for a win. The...
Political changes will not derail review of Interactive Gaming Act The new Social Services minister in Australia, Christian Porter, has assured interested parties that the government's review of online gambling remains a commitment following recent political changes Porter told The Australian newspaper that the review was an election commitment and, as a new minister, an early order of business for...
Fall-off in baccarat pulls results down Releasing statistics for August 2015 on Wednesday, the Nevada Gaming Control Board said that the state's casinos kept $908 million of the money gamblers wagered, down 1.4 percent from the comparative period last year. The returns were pulled down by an ongoing slide in baccarat play linked to a wavering economy and corruption clampdown...
Awaits sentencing on reportedly $7 million illegal gambling charge Timothy Clower Bryant (36) of Fayetteville, Arkansas pleaded guilty this week in a US District Court to one count of operating an illegal gambling business which used a number of unidentified websites on the Internet. The publication Arkansas Business reports that Bryant operated the illegal enterprise between January 2010 and December...
